DineEquity Earnings Rise on Improved Sales

Profits Fueled by Stronger Sales at IHOP, Applebee's

DineEquity Inc. said its second-quarter profit improved as the restaurant operator recorded sales growth in both its IHOP and Applebee's chains.

Since acquiring Applebee's in 2007, DineEquity largely has boosted its results by remodeling restaurants, updating the menu and improving marketing. However, the chain's same-store sales had declined...